Products
PRODUCTS
Income Verification
Get instant verification of your applicants’ income with secure & accurate data.
Expense Verification
Enhance your credit decisioning and minimise risk.
Risk & Insights
Get automatic insights into default and fraud risks with Monthio's solution.
Categorisation
We capture more data, and clean and categorise so you don't have to.
Account Verification
Digitise your AML and KYC processes with Monthio's instant account holder verification.
Debt Insights
Get accurate, real-time and personalised debt factor.
Top Features
Pinpoint income distinction
Monthio's algorithms automatically distinguish between types of wealth & income.
Realtime risk flagged
Gambling, cash-withdrawals, unusual spending & irregular loan repayments are tracked in real-time.
Automatic income variation check
Reduce the risk of errors or deception. Our intelligent solution checks full documentation.
Industries
Top Features
Pinpoint income distinction
Monthio's algorithms automatically distinguish between types of wealth & income.
Realtime risk flagged
Gambling, cash-withdrawals, unusual spending & irregular loan repayments are easily identified.
Automatic income variation check
Reduce the risk of errors or deception. Our intelligent solution checks full documentation.
INDUSTRIES
Banks
Save your credit advisors valuable time with our cutting edge affordability solution.
Consumer loans
Start processing more loans with accurate realtime creditworthiness data.
Car financing
Gain a competitive edge in car financing with Monthio's solution.
Other industries
Get instant verification of your applicants’ income with Open Banking data.
Insights
Insights
Insights
Blog
Get the latest market insights, industry reports and company news.
Topics
Topics
Company news
Market insights
Mortgage
Auto finance
Consumer loans
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Featured insights
What is Regtech? A look at the strategic advantage that early-adopter banks and lenders are seeing from transforming compliance procedures.
Modernizing Income Verification: The Crucial Role of Open Banking for Lenders
Former Danske Bank leader Glenn Söderholm joins Monthio's Board
About us
About us
About us
Our history
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Copenhagen
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Careers
Life at Monthio
Our perks, benefits and more. Discover more about working at Monthio.
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Company news
Monthio partners with Enable Banking to expand its presence into Spain
Monthio partners with Enable Banking to revolutionize loan approval in Spain, expanding their reach beyond the Nordics and shaping a new lending landscape in Europe.
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Company News
Market Insights
Mortgage
Auto Finance
Consumer loans
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Market insights
September 13, 2023
Market insights
What is Regtech? A look at the strategic advantage that early-adopter banks and lenders are seeing from transforming compliance procedures.
The RegTech advantage: Explore how RegTech's automation and data analysis are transforming lending compliance, offering efficiency and growth opportunities for financial institutions.
Read more
Market insights
August 30, 2023
Market insights
Modernizing Income Verification: The Crucial Role of Open Banking for Lenders
Uncover how Open Banking transforms income verification, replacing paperwork with secure bank data connections. Explore seamless processes, rapid loan approvals, and enhanced borrower experiences.
Read more
Market insights
August 15, 2023
Market insights
Gen X Embracing Buy Now, Pay Later: A Closer Look at Changing Credit Trends
While commonly associated with younger generations, the reality is that Generation X (born between 1965 and 1980) is using BNPL as much as Gen Z.
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Company news
August 9, 2023
Company news
Former Danske Bank leader Glenn Söderholm joins Monthio's Board
Monthio proudly announces the latest addition of seasoned Nordic banking expert Glenn Söderholm to its board. With 30+ years in the financial sector, including roles at Danske Bank, Glenn brings a wealth of invaluable financial expertise to Monthio.
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Auto finance
August 8, 2023
Auto finance
How auto finance providers can capitalize on the surge in the European vehicle leasing market
The vehicle leasing market in Europe is poised to grow 4.5% by 2027. We provide some key recommendations for auto finance providers to thrive in the expanding European leasing market.
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Company news
July 27, 2023
Company news
Monthio is Now ISO 27001 Certified
Monthio proudly announces its achievement of ISO 27001 certification for information security. This prestigious certification marks a significant milestone in Monthio's commitment to providing exceptional services to its customers and partners.
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Market insights
July 10, 2023
Market insights
Unlock faster, fairer loan approvals: The key role of digital expense verification for financial institutions
Discover how digital expense verification can revolutionize the loan approval process for financial institutions. Say goodbye to slow approvals, paperwork, and fraud risks.
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Market insights
June 30, 2023
Market insights
Danish bank customers say they are burdened by documentation requirements
Amidst increasing regulations and rising customer expectations, Danish bank customers say they are fed up with banks requiring documentation for accessing financial services.
Read more
Consumer loans
June 29, 2023
Consumer loans
The time advantage: How Credit Advisors can benefit from new digital lending processes
Here's how Credit Advisors can say farewell to the time-consuming process of gathering and analyzing creditworthiness data & spend more time on the things that matter.
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Company news
June 19, 2023
Company news
Driving innovation in lending: Monthio's celebrates 5th anniversary milestone
Monthio celebrates 5 years of transforming the loan approval process in the Nordics with growth from one idea to 50 international employees.
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Consumer loans
June 2, 2023
Consumer loans
As Buy Now Pay Later skyrockets in Norway, new regulations look set to come
As BNPL skyrockets in Norway, increased regulation looks likely. Here's why BNPL is so popular in Norway, and what’s coming next for providers.
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Company news
May 17, 2023
Company news
Monthio recognized twice in European Fintech Awards
Monthio has been shortlisted as one of Europe’s leading providers of Banking Tech and Reg Tech, according to the European Fintech Awards.
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Market insights
May 12, 2023
Market insights
Why open banking is essential for optimizing the mortgage approval process in Norway
Better risk assessment, faster application process, and enhanced security are just some of the benefits open banking gives mortgage providers. Here’s why open banking is essential for optimizing the mortgage approval process.
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Auto finance
May 11, 2023
Auto finance
Bank loans for green cars in Denmark increase by 76% and Danes want even more green loan options
As the rise of “green loans” increases in Denmark, experts highlight the importance for banks to have green products in order to be attractive to future customers.
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Market insights
May 11, 2023
Market insights
Swedes are turning to digital lending solutions, here’s how traditional banks can keep their customers
Tech savvy Swedes are choosing digital lenders over traditional banks. Here’s insight into the change in consumer behavior and what traditional banks can do to remain competitive.
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Market insights
May 2, 2023
Market insights
How the lending industry will benefit from Open Finance
Here's what you need to know about the move from Open Banking to Open Finance and the potential benefits for loan providers.
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Market insights
April 20, 2023
Market insights
Danish Government looks at stricter regulation of Buy-Now-Pay-Later products
As BNPL scrutiny increases across Europe, the Danish government will consider amending regulations for providers of buy-now-pay-later products in July 2023.
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Market insights
April 20, 2023
Market insights
Two thirds of Swedes abandon financial service applications. What does this mean for banks & lenders?
Most Swedes don’t complete the onboarding process of financial services applications. Worryingly, this drop-off rate is actually increasing year on year. Here is what this means for banks and lenders in Sweden.
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